Cheap Apartments for Rent in the Lakewood Neighborhood of Grand Prairie, TX from $900 (84 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakewood area of Grand Prairie.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Jovia
$1,303 - $2,700
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$1,303 - $2,700
Total Monthly Price
$1,303 - $2,700
1 to 3 Bedroom Apartments Available Now

Jovia

1225 W Interstate 20Grand Prairie, TX 75052
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Arden at Midtown GP
Rent Specials
$1,384 - $2,514
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$1,384 - $2,514
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$1,384 - $2,514
1 to 2 Bedroom Apartments Available Now

Arden at Midtown GP

3711 S State Highway 161Grand Prairie, TX 75052
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The Bradbury
Rent Specials
$1,434 - $5,609
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$1,434 - $5,609
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$1,434 - $5,609
Studio to 3 Bedroom Apartments Available Now

The Bradbury

2136 Sara Jane PkyGrand Prairie, TX 75052
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Luxia Grand Prairie
Rent Specials
$1,437 - $4,544
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$1,437 - $4,544
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Luxia Grand Prairie

2015 S Forum DrGrand Prairie, TX 75052
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Jefferson Lakehaven
Rent Specials
$1,477 - $2,564
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$1,477 - $2,564
Total Monthly Price
$1,477 - $2,564
1 to 3 Bedroom Apartments Available Now

Jefferson Lakehaven

7152 N State Hwy 360Grand Prairie, TX 75052
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Axis Grand Crossing
Rent Specials
$1,510 - $3,460
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$1,510 - $3,460
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Studio to 3 Bedroom Apartments Available Now

Axis Grand Crossing

1661 S Forum DrGrand Prairie, TX 75052
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Corsair
Rent Specials
$1,543 - $3,875
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$1,543 - $3,875
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Corsair

2105 S Forum DrGrand Prairie, TX 75052
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Copeland
Rent Specials
$1,568 - $5,449
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$1,568 - $5,449
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Copeland

2045 S Forum DrGrand Prairie, TX 75052
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Ascend at Forum
Rent Specials
$1,576 - $2,742
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$1,576 - $2,742
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Ascend at Forum

2300 Forum DrGrand Prairie, TX 75052
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The Westlyn
$1,609 - $2,269
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$1,609 - $2,269
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1 to 2 Bedroom Apartments Available Now

The Westlyn

1150 E IH-20Grand Prairie, TX 75052
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Casona Grand Prairie
Rent Specials
$1,755 - $3,255
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$1,755 - $3,255
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1 to 3 Bedroom Apartments Available Now

Casona Grand Prairie

3900 Robinson RdGrand Prairie, TX 75052
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Lakewood, Grand Prairie, TX Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of Dallas, TX is a 1 Bed unit found at Ronan Apartment Homes priced from $987. z - Historical - Arioso Apartments & Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Lakewood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Ronan Apartment HomesA11BR,1BA$987
z - Historical - Arioso Apartments & TownhomesA11BR,1BA$1,075
Mission Mayfield DownsA11BR,1BA$1,148
Prairie Ranch Apartment HomesA51BR,1BA$1,169
Parkways on Prairie CreekA31BR,1BA$1,204
NeuRock of WestchesterA1-P1BR,1BA$1,216
Eagle CrossingA1A1BR,1BA$1,241
MAA Grand CourtyardsThe Orchid1BR,1BA$1,258
Highlands of Grand PrairieA-11BR,1BA$1,263
JoviaA21BR,1BA$1,303

Best Value Apartments for Rent in Lakewood, TX

As of July 10, 2026 the best value apartment in the Lakewood area is the $1.54 price per square foot Kilby Model at Canvas at Grand Prairie Townhomes in the in the East Arlington neighborhood starting from $2,575. The second greatest value Lakewood apartment is the C3 Model at Villas at Bardin starting at $2,850 with a $1.73 price per square foot in the East Arlington neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Canvas at Grand Prairie TownhomesKilby3BR,2BA$1.54
Villas at BardinC33BR,2.5BA$1.73
The Park on ForumC13BR,2BA$1.55
Indigo PointeB22BR,2BA$1.33
The Quadrangles on TwentyA21BR,1BA$1.80
JoviaA11BR,1BA$1.73
Parkways on Prairie CreekA31BR,1BA$1.62
Eagle CrossingA1A1BR,1BA$1.72
Prairie Ranch Apartment HomesA41BR,1BA$1.63
Highlands of Grand PrairieA-11BR,1BA$1.79

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lakewood, Grand Prairie, TX

Ranked #4

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lakewood, Grand Prairie, TX

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Texas including Lakewood, Grand Prairie, and the greater Dallas area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, multifamily communities for the kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lakewood Apartments

What is a cheap apartment in Lakewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $1,303.

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is Ronan Apartment Homes which is listed at $987, while the average apartment in Lakewood costs $16,796.

What types of apartments are the cheapest in Lakewood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 62 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lakewood?

Cheap apartments in Lakewood have an average cost of $216 which is $16,580 cheaper than the average rent for all rentals in Lakewood.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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